Unity Wealth Partners Etf Price on September 3, 2024
DCAP Etf | 21.63 0.05 0.23% |
If you're considering investing in Unity Etf, it is important to understand the factors that can impact its price. As of today, the current price of Unity Wealth stands at 21.63, as last reported on the 28th of November, with the highest price reaching 21.63 and the lowest price hitting 21.60 during the day. Currently, Unity Wealth Partners is very steady. Unity Wealth Partners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Unity Wealth Partners, which you can use to evaluate the volatility of the etf. Please validate Unity Wealth's Risk Adjusted Performance of 0.1135, semi deviation of 0.4603, and Coefficient Of Variation of 667.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.0998%.
Unity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Unity |
Sharpe Ratio = 0.1427
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Estimated Market Risk
0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Unity Wealth is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Unity Wealth by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 129.8 K |
Unity Wealth Valuation on September 3, 2024
It is possible to determine the worth of Unity Wealth on a given historical date. On September 3, 2024 Unity was worth 20.18 at the beginning of the trading date compared to the closed value of 20.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unity Wealth etf. Still, in general, we apply an absolute valuation method to find Unity Wealth's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Unity Wealth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unity Wealth's related companies.
Open | High | Low | Close | Volume | |
20.39 | 20.39 | 20.39 | 20.39 | 446.00 | |
09/03/2024 | 20.18 | 20.18 | 20.04 | 20.04 | 100.00 |
20.04 | 20.04 | 20.04 | 20.04 | 100.00 |
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Unity Wealth Trading Date Momentum on September 3, 2024
On September 04 2024 Unity Wealth Partners was traded for 20.04 at the closing time. The top price for the day was 20.04 and the lowest listed price was 20.04 . The trading volume for the day was 100.0. The trading history from September 4, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 1.10% . |
About Unity Wealth Etf history
Unity Wealth investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Unity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unity Wealth Partners will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Unity Wealth stock prices may prove useful in developing a viable investing in Unity Wealth
Unity Wealth Etf Technical Analysis
Unity Wealth technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Unity Wealth Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Unity Wealth Partners cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Unity Wealth November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Unity Wealth etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unity Wealth shares will generate the highest return on investment. By undertsting and applying Unity Wealth etf market strength indicators, traders can identify Unity Wealth Partners entry and exit signals to maximize returns
Unity Wealth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unity Wealth's price direction in advance. Along with the technical and fundamental analysis of Unity Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1135 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.1088 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Unity Wealth Partners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Unity Wealth Partners is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Wealth's value that differs from its market value or its book value, called intrinsic value, which is Unity Wealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unity Wealth's market value can be influenced by many factors that don't directly affect Unity Wealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unity Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Wealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.